5.4 BTC, ETH Evening Analysis

BTC and ETH have reached key support levels; will they break down? Is this a bottom rebound re-testing resistance, or will it continue to decline? Time is running out; I believe we will see the results soon, the bears are gathering!

Key Levels:

$BTC : Upper resistance levels to watch 97100 / 98100 / 100000 / 102500

Lower support levels to watch 93500 / 92200 / 91000 / 88500

$ETH : Upper resistance levels to watch 1850 / 1880 / 1930 / 1960 / 2000

Lower support levels to watch 1800 / 1760 / 1730 / 1690

Entry Point Strategy:

BTC: Short near 97000, stop loss above 98000, target near 93000

ETH: Short near 1850, stop loss above 1888, target near 1730

The bears are committed; to be honest, I wouldn’t dare to go long at this time. After a week of rising, a pullback is really needed. In a larger bullish outlook, the rise cannot be smooth sailing, so we should just hold our short positions; the levels are quite good.

Alright, that’s it for today. Daily sharing of exclusive strategies, clear entry points, open trading, transparent profit and loss. For friends without ideas, just follow for daily free information; it’s worth checking out! Don’t forget to like, thank you all~ #BTC #ETH